IoT Billing & Invoicing Solutions Market Size, Share Global Analysis Report, 2018–2027

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IoT Billing & Invoicing Solutions Market By Deployment Mode (Cloud and On-Premises), By Organization Size (Large Enterprises and SMEs), and By Vertical (Automotive, Telecommunication, Retail, Healthcare, Logistics & Transportation, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018–2027

Industry Insights

The report covers a forecast and an analysis of the IoT billing & invoicing solutions market on a global and regional level. The study provides historical data from 2013 to 2018 and a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the IoT billing & invoicing solutions market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the IoT billing & invoicing solutions market on a global level.

In order to give the users of this report a comprehensive view of the IoT billing & invoicing solutions market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the IoT billing & invoicing solutions market by segmenting it based on deployment mode, organization size, vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The technological aid in the connectivity of the business ledgers worldwide for a company makes their accounting process hassle-free. These ledgers are provided with real-time data with the help of IoT. This not only reduces all the effort related to paperwork but also saves plenty of time. Moreover, the price quotations provided are accurate as compared to the ones derived manually without any computerized analysis. This is expected to be the major growth driver of the IoT billing & invoicing solutions market in the years ahead.

By deployment mode, the market is bifurcated into cloud and on-premises. Based on organization size, the market is sectored into large enterprises and SMEs. The vertical segment includes automotive, retail, telecommunication, logistics and transportation, healthcare, and others.

Key players operating in the IoT billing & invoicing solutions market are Bill Perfect, Comarch, IOT Billing, MIND CTI,, SAP,, Sigma Software, RevX Systems, PortaOne, LogiSense, JeraSoft, IDI Billing, Formula Telecom Solutions, Cerillion Technologies, and ARIA Systems, among others.

Industry Major Market Players

  • Bill Perfect
  •  Comarch
  •  IOT Billing
  •  SAP
  •  Sigma Software

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating IoT Billing & Invoicing Solutions Market.
According to Facts and Factors research report, the global IoT Billing & Invoicing Solutions Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new IoT Billing & Invoicing Solutions Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for IoT Billing & Invoicing Solutions Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of IoT Billing & Invoicing Solutions Market in North America over coming decade.